The Superannuation Industry (Supervision) Act 1993 will not apply to the new trusts. APRA has prepared an application process and a draft prudential standard for super funds wanting to operate FHSAs.
1 July 2008 00:00
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Investments
The Future Fund delivered a 14.8 per cent one-year return to June 30, 2026, attributing the return to a combination of exposure to commodities, geographic diversification, an increased focus on active management and low exposure to bonds. Newly minted chief investment officer Richard Brandweiner also highlighted strong performance in emerging markets.
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